For Sale
$1,600,000

1206 Wayne St Angola, IN 46703

Franchised eateries, strong financials.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity encompasses two thriving franchised restaurants strategically located in Angola, Indiana, a vibrant college town and recreational hub. The combined property boasts an impressive 12,000 square feet of space, housed within two separate buildings. The main building comprises the majority of the square footage, while a secondary building adds an additional 1,660 square feet. Constructed in 1986, these single-story structures are well-maintained and ready for continued success. The asking price is $1,600,000, translating to a price per square foot of $133.33. This turnkey operation includes not only the real estate itself but also all existing equipment and a valuable non-compete agreement, ensuring a smooth transition for the new owner. The business demonstrates strong financial performance, providing a solid foundation for future growth and profitability. Located at 1206 N Wayne St, Angola, IN 46703, this property presents a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable market. The detailed financials are available upon request.

Highlights

  • Two thriving franchised restaurants in Angola, Indiana.
  • 12,000 square feet total across two buildings (main building + 1,660 sq ft secondary building).
  • Built in 1986, well-maintained single-story structures.
  • $1,600,000 asking price ($133.33/sq ft).
  • Turnkey operation including all equipment and a non-compete agreement.
  • Strong financial performance and significant upside potential.

Property Details for 1206 Wayne St

Property type
Commercial real estate
Square Feet
12,000 SF
Year Built
1986
Buildings
2
Stories
1

Location Insight

City
Angola
County
Steuben
State
Indiana
Latitude
41.6491854
Longitude
-84.9991366

FAQs

What type of property is this?
Commercial real estate - Franchised eateries, strong financials.
Where is the commercial real estate located?
The property is located at 1206 Wayne St Angola, IN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two thriving franchised restaurants in Angola, Indiana.; 12,000 square feet total across two buildings (main building + 1,660 sq ft secondary building).; Built in 1986, well-maintained single-story structures.
How can I contact the broker?
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1206 Wayne St
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